Injective Protocol has introduced a new financial instrument called the "NVIDIA H100 Hourly GPU Market."
This allows users to trade perpetual derivatives (similar to futures contracts) based on the real-time rental costs of H100 GPUs across major compute providers. It's essentially tokenizing the AI compute rental market, turning fluctuating GPU rental prices into a liquid, tradable asset on the blockchain.
Overall, this development positions $INJ as a leader in blending AI hardware economics with blockchain trading, potentially opening doors for similar markets in other compute resources or tech assets.
Show original
2.35K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.